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ARTICLE III <br /> TCAAP MASTER PLAN <br /> Section 3.1. Development of the AUAR and the TCAAP Master Plan; General <br /> Requirements. The TCAAP Master Plan will provide for development phasing, taking into <br /> account market considerations as well as the financing and investment needs and capacity of <br /> County as the purchaser of the TCAAP Site, County's obligations to complete the County <br /> Remediation and County Site Clearance, and the financial commitment of both Parties for the <br /> Public Improvements. City will prepare the AUAR in conjunction with the preparation of the <br /> TCAAP Master Plan, as provided in this Article III, including the hiring of any planning and <br /> engineering or other consultants it deems reasonably necessary to prepare the AUAR and the <br /> TCAAP Master Plan. The City will exert its best efforts to complete the AUAR within eighteen <br /> (18) months of the effective date of this Joint Agreement, and to complete the TCAAP Master <br /> Plan within six (6) months of the adoption of the AUAR, but not later than twenty-four (24) <br /> months of the effective date of this Joint Agreement for completion of the AUAR and the Master <br /> Plan. <br /> 3.1.1. City Development Standards. The Parties will work cooperatively to <br /> assure that the City's development standards and goals expressed in its comprehensive plan and <br /> zoning code, as each may be amended, are incorporated into the TCAAP Master Plan to enable <br /> the JDA to proceed with timely development of the TCAAP Site 4ffeugh the Development Site <br /> pr-eeess deser-ibed speeifiea4ly in Seetions 3.2.2 4ffetigh 3.2.6 below and generally in this AAiele <br /> H—and-Qth n, nt to this oifA provided in this Agreement. The Parties <br /> recognize that upon purchase of the TCAAP Site andCounty may desire to pursue development <br /> of a Development Site prior to completion of all the County Remediation and the adoption of the <br /> TCAAP Master Plan; <br /> 4. It is in the interest of the Parties for redevelopment of TCAAP to occur timely and <br /> responsively to market demand, whieh ay. As a result i development of a Development Site(s) <br /> may occur before completion of the TCAAP Master Plan to the extent there are roads and public <br /> utilities available to serve the selected Development Site. In such event the Parties and JDA will <br /> proceed in accordance with this Joint Agreement to the extent feasible, recognizing that the City <br /> comprehensive plan and zoning ordinance shall guide and control such proposed development <br /> pending completion of the TCAAP Master Plan. <br /> 3.1.2. Approval of TCAAP Master Plan. Upon presentation of the TCAAP <br /> Master Plan as prepared pursuant to this Article 111, the Parties shall review, comment, suggest <br /> revisions and reasonably exercise their discretion to approve the TCAAP Master Plan in a timely <br /> manner. The TCAAP Master Plan shall be approved by means of a resolution of each Party's <br /> governing body prior to its implementation by the JDA. <br /> Section 3.2. Elements of TCAAP Master Plan. The City shall direct its staff and <br /> consultants to prepare the TCAAP Master Plan at Citv expense. The TCAAP Master Plan shall <br /> specify the planning requirements for the TCAAP Site consistent with the City's current <br /> 11 <br />